Colorado Media Newsroom
March 19th, 2025, 05:30 PM
From Radio Insight:
https://i0.wp.com/radioinsight.com/wp-content/uploads/2025/03/klaa-200x200.jpg?resize=200%2C200&ssl=1Stephens Media Group is selling its four stations in Alexandria LA to Mark Porter’s Globecomm Media for $350,000.
Globecomm previously owned two stations in El Campo TX and Porter hosts the self-syndicated Classic Country show “Saturday Night Gold (https://saturdaynightgold.com)“. He has also programmed stations in Alexandria and served as Operations Manager for First Natchez Radio in Natchez MS.
In the deal, he will acquire Country “LA 103.5 (https://la103.com)” KLAA Tioga, Christian AC “104.3 The Bridge (https://1043thebridge.com)” KEZP Bunkie, Classic Country “105.5 K-Buck (https://1055kbuck.com)” KBKK Ball, and AC “Sunny 106.9 (https://sunny1069fm.com)” KEDG Alexandria. Stephens recently closed on its purchase (https://radioinsight.com/headlines/279545/stephens-media-group-acquires-kedg-alexandria/) of KEDG, which it previously LMA’d for $332,000. The deal is structured with Globecomm paying $10,000 upfront, two monthly payments of $1,275 and then monthly payments of $3,571.03 for 118 months.
Stephens retains its cluster in Monroe LA and stations in California, New York, Oklahoma, Oregon and Washington.
more (https://radioinsight.com/headlines/296980/stephens-media-group-sells-alexandria-la-cluster/)
https://i0.wp.com/radioinsight.com/wp-content/uploads/2025/03/klaa-200x200.jpg?resize=200%2C200&ssl=1Stephens Media Group is selling its four stations in Alexandria LA to Mark Porter’s Globecomm Media for $350,000.
Globecomm previously owned two stations in El Campo TX and Porter hosts the self-syndicated Classic Country show “Saturday Night Gold (https://saturdaynightgold.com)“. He has also programmed stations in Alexandria and served as Operations Manager for First Natchez Radio in Natchez MS.
In the deal, he will acquire Country “LA 103.5 (https://la103.com)” KLAA Tioga, Christian AC “104.3 The Bridge (https://1043thebridge.com)” KEZP Bunkie, Classic Country “105.5 K-Buck (https://1055kbuck.com)” KBKK Ball, and AC “Sunny 106.9 (https://sunny1069fm.com)” KEDG Alexandria. Stephens recently closed on its purchase (https://radioinsight.com/headlines/279545/stephens-media-group-acquires-kedg-alexandria/) of KEDG, which it previously LMA’d for $332,000. The deal is structured with Globecomm paying $10,000 upfront, two monthly payments of $1,275 and then monthly payments of $3,571.03 for 118 months.
Stephens retains its cluster in Monroe LA and stations in California, New York, Oklahoma, Oregon and Washington.
more (https://radioinsight.com/headlines/296980/stephens-media-group-sells-alexandria-la-cluster/)